Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$362,687$362,687$368,991
Remaining term (yrs)25.625.630.0
Secondary amount$0$26,803$0
Funding fee$0$0$0
Note rate5.300%5.300%7.320%
Blended rate6.150%6.544%7.560%
1st payment$2,153.67$2,153.67$2,534.71
2nd payment$0.00$265.24$0.00
Taxes / mo$294.00$294.00$294.00
Insurance / mo$150.00$150.00$150.00
MI / mo$274.72$274.72$73.80
HOA / mo$375.00$375.00$375.00
Total monthly$3,247.38$3,512.62$3,427.51
Cash to close$47,303$20,500$40,999